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‘No sign Dr M’s plane was sabotaged’

PETALING JAYA: A private jet charter firm has corroborated the findings of the Civil Aviation Authority of Malaysia (CAAM), saying that there is no indication that Tun Dr Mahathir Mohamad’s chartered plane was sabotaged.

Aeon Credit net profit grows 13.2% in financial year 2018

KUALA LUMPUR: Aeon Credit Service (M) Bhd saw its net profit grow 13.2% to RM300.06mil for the financial year ended Feb 28, 2018 (FY18), compared with RM265.03mil a year ago.

Pantech fiscal 2018 net profit jumps to RM45mil

KUALA LUMPUR: Pantech Group Holdings Bhd’s (Pantech) net profit for the financial year ended Feb 28, 2018, jumped to RM45.52mil from RM28.4mil recorded previously.

Maintaining a retail brand

FAMILY businesses often run the risk of failing in the hands of the next generation. Founders may worry that the drive they had to succeed would diminish with each passing on of the reins.

Eyeing a fruitful route downstream

LOCAL durian and fruit-based food manufacturer Top Fruits is planning to expand its downstream operations. Director Iris Tan Sing Boon says some of the downstream activities it is eyeing include processing durian pulps and durian-based frozen food for exports.

Korean food distributor sponsors flavoured milk drink

KMT Jaya Sdn Bhd, a leading Korean food distributor, will sponsor goodies for Ipoh Starwalk 2018 for the first time.

Know that there is life after GE14

BY the time this column appears again two weeks from today, GE14 will be over. For better or worse, a government will be formed, and depending on which side you supported, you may or may not be happy with the results.

Startup’s rocket ready for second bid

BLASTING off from a launchpad at a test site in Taiki, Hokkaido, the about 10-meter-long, 1.15-tonne MOMO 2 aims to become the nation's first rocket developed entirely by a private company to reach outer space. The fuselage has been significantly improved from the first MOMO rocket, which malfunctioned soon after liftoff on July 30, 2017.

Giant UK supermarket chain soon

LONDON: UK grocer J Sainsbury Plc is in advanced talks to combine with Walmart Inc’s Asda in a multi-billion pound deal that would reshape Britain’s brutally competitive supermarket business.

T-Mobile is said to move toward Sprint merger at US$24bil

NEW YORK: T-Mobile US Inc and its German owners are advancing toward a long-awaited telecommunications union that would value merger partner Sprint Corp at about US$24bil, according to a source.